Level 15
12-07-2019
03:57 AM
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Sold a rental property for close to $1 million without calling me and doing some rough figures on taxes owed UGH!
She had done a 1031 exchange and received this property back in 2000 as part of the exchange...low basis, lots of depreciation...shes got the $$ for the taxes though!
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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sjrcpa
Level 15
12-07-2019
03:57 AM
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I believe you can unless something changed. I've done them for $100,000.
The more I know the more I don’t know.
Level 15
12-07-2019
03:57 AM
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thank you!
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪